Abbott Laboratories (ABT)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 4.92 | 4.67 | 4.63 | 4.51 | 4.37 | |
| Number of days of payables | days | 74.24 | 78.10 | 78.84 | 81.01 | 83.59 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 4.92
= 74.24
Based on the provided data, the number of days of payables for Abbott Laboratories is not available for the years 2020, 2021, 2022, 2023, and 2024. In financial analysis, the number of days of payables is a key metric that indicates how long it takes for a company to pay its suppliers. Unfortunately, without specific values for each year, a detailed analysis of Abbott Laboratories' payment practices in relation to its suppliers cannot be conducted. It would be beneficial to have this information to assess the efficiency of Abbott Laboratories' accounts payable management and its relationship with vendors and creditors.
Peer comparison
Dec 31, 2024